Ideagen PLC Holding(s) in Company (7874B)

TIDMIDEA

RNS Number : 7874B

Ideagen PLC

09 January 2015

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                                      Ideagen PLC 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
---------------------------------------------------------  ----------------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
---------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                Yes 
----------------------------------------------------------  ---------------------------------- 
 An acquisition or disposal of qualifying financial 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
----------------------------------------------------------  ---------------------------------- 
 An acquisition or disposal of instruments with 
  similar economic effect to qualifying financial 
  instruments 
----------------------------------------------------------  ---------------------------------- 
 An event changing the breakdown of voting rights                           Yes 
----------------------------------------------------------  ---------------------------------- 
 Other (please 
  specify): 
--------------------------------------------------------    ---------------------------------- 
 3. Full name of person(s)                                                Kestrel Partners LLP 
  subject to the 
  notification obligation: 
  (iii) 
---------------------------------------------------------  ----------------------------------- 
 4. Full name of shareholder(s)                                  Kestrel Opportunities, a cell 
  (if different from 3.):(iv)                                       of Guernsey Portfolios PCC 
                                                              Ltd (through BNY Mellon Nominees 
                                                                    Limited) and various other 
                                                                   clients of Kestrel Partners 
                                                                     LLP (through JIM Nominees 
                                                                                          Ltd) 
---------------------------------------------------------  ----------------------------------- 
 5. Date of the transaction                                                    07 January 2015 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------  ----------------------------------- 
 6. Date on which issuer                                                       09 January 2015 
  notified: 
---------------------------------------------------------  ----------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                                        3% 
---------------------------------------------------------  ----------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------ 
 Class/type      Situation previous                           Resulting situation after the 
  of              to the triggering                            triggering transaction 
  shares          transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
--------------  -------------------------------------------  ----------------------------------------------------- 
                 Number                      Number           Number     Number of voting       % of voting 
                 of                          of               of          rights                 rights (x) 
                 Shares                      Voting           shares 
                                             Rights 
--------------  --------------------------  ---------------  ---------  ---------------------  ------------------- 
                                                              Direct     Direct     Indirect    Direct    Indirect 
                                                                         (xi)        (xii) 
--------------    ----------  ------------    -------------  ---------  ---------  ----------  --------  --------- 
 Ordinary 
  Shares of 
  1p each 
  ISIN 
  GB00B0CM0C50   n/a                         n/a              n/a        n/a        5,353,351   n/a       3.07% 
                --------------------------  ---------------  ---------  ---------  ----------  --------  --------- 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------ 
 Type of           Expiration                 Exercise/                   Number of voting      % of voting 
  financial         date                       Conversion                  rights that           rights 
  instrument        (xiii)                     Period (xiv)                may be 
                                                                           acquired if 
                                                                           the 
                                                                           instrument 
                                                                           is 
                                                                           exercised/ 
                                                                           converted. 
----------------  -------------------------  --------------------------  --------------------  ------------------- 
 n/a               n/a                        n/a                         n/a                   n/a 
----------------  -------------------------  --------------------------  --------------------  ------------------- 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------ 
 Type of          Exercise     Expiration      Exercise/                 Number of voting       % of voting 
  financial       price         date            Conversion                rights instrument      rights (xix, 
  instrument                    (xvii)          period                    refers to              xx) 
                                                (xviii) 
---------------  -----------  --------------  ------------------------  ---------------------  ------------------- 
 n/a              n/a          n/a             n/a                       n/a                    Nominal   Delta 
---------------  -----------  --------------  ------------------------  ---------------------  --------  --------- 
                                                                                                n/a       n/a 
           ----------------------------------------------------------------------  ----------  --------  --------- 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                                       Percentage of voting rights 
------------------------------------------------------------  ---------------------------------------------------- 
 5,353,351                                                     3.07% 
------------------------------------------------------------  ---------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
--------------------------------------------------------------------------------------------------- 
                                         Indirect - BNY Mellon Nominees Limited - 4,415,135 Shares. 
                                                                             2.53% of voting rights 
                                            Indirect - JIM Nominees Limited - 938,216 Shares. 0.54% 
                                                                                   of voting rights 
 
 Proxy Voting: 
--------------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
-------------------------------------------------------------  ------------------------------------ 
 11. Number of voting rights proxy 
  holder will cease to hold: 
-------------------------------------------------------------  ------------------------------------ 
 12. Date on which proxy holder will 
  cease to hold voting rights: 
-------------------------------------------------------------  ------------------------------------ 
 
                                                                Disclosure based on Total 
  13. Additional information:                                   voting rights of 174,323,678 
                                                                The indirect voting rights 
                                                                held under (9) relate to 
                                                                shares held in client portfolios 
                                                                managed by Kestrel Partners 
                                                                LLP under discretionary investment 
                                                                management agreements 
-------------------------------------------------------------  ------------------------------------ 
 14. Contact name:                                                                      Ian Forrest 
-------------------------------------------------------------  ------------------------------------ 
 15. Contact telephone number:                                                        0203 371 6100 
-------------------------------------------------------------  ------------------------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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